Shares of CMC Metals Ltd. (CVE:CMB – Get Free Report) fell 12.5% during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 223,500 shares changed hands during trading, a decline of 26% from the average session volume of 300,789 shares. The stock had previously closed at C$0.04.
CMC Metals Stock Performance
The firm’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.05. The company has a market capitalization of C$5.19 million, a price-to-earnings ratio of -2.00 and a beta of 1.12. The company has a debt-to-equity ratio of 8.98, a current ratio of 2.05 and a quick ratio of 2.80.
About CMC Metals
CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. It holds a 100% interest in the Silver Hart property that includes 116 claims covering an area of 2,017 hectares located in south-central Yukon.
Recommended Stories
- Five stocks we like better than CMC Metals
- 3 Tickers Leading a Meme Stock Revival
- J.B. Hunt Hits the Skids: Lower Prices to Come
- Upcoming IPO Stock Lockup Period, Explained
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
- What Do S&P 500 Stocks Tell Investors About the Market?
- Abbott Laboratories Outlook is Healthy: Buy the Dip
Receive News & Ratings for CMC Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMC Metals and related companies with MarketBeat.com's FREE daily email newsletter.
